Twitter introduces content creator subscriptions

Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation. (Read More)

Mastercard Launches Web3 Crypto Solution

Mastercard has launched a Web3 solution called the “Mastercard Crypto Credential” aimed at improving user verification standards in the digital asset space. The solution offers users a unique identifier, helping them to verify that an address has been vetted by Mastercard and operating in compliance with the firm’s standards. Partnerships with crypto wallet providers and […]

FDIC Orders Self-Correction from Cross River Bank

The FDIC has asked Cross River Bank to correct and address issues in its lending activities. A consent order executed in March alleged that the bank had engaged in “unsafe” banking practices regarding compliance with fair lending laws and regulations in 2021. (Read More)

Signature Bank Collapse Blamed on Poor Management

The FDIC’s assessment of Signature Bank identified poor management and inadequate risk management practices as the reason for its collapse. The bank was shut down by regulators on March 12, and the FDIC was appointed to handle the insurance process. (Read More)

JP Morgan Executive Warns of Banking Collapse

Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank’s liquidity issues. (Read More)

YouTuber’s Channel Hacked for XRP Scams

DidYouKnowGaming’s YouTube channel was hacked to promote XRP scams, with the hacker changing the channel’s profile and cover images to Ripple’s logo. YouTube intervened quickly to prevent further damage, but the rise of deepfakes remains a threat to crypto investors. (Read More)

Venmo Announces Crypto Withdrawals

Reading Time: 2 minutesVenmo’s crypto users will be able to withdraw their crypto from May The platform started offering crypto in April 2021 but did not allow withdrawals Venmo follows parent company Paypal in allowing crypto withdrawals Venmo customers will have the opportunity to transfer cryptocurrency to external wallets and exchanges and PayPal accounts from […]

Ripple Escrow Release: 1 Billion XRP Unlocked

The monthly releases of XRP have been an essential part of Ripple’s strategy to maintain a predictable supply and encourage the adoption of its digital asset 

12 Best Crypto to Buy Right Now — May 2023

Deciding which crypto to buy can be difficult and time-consuming. Here’s a curated list of the best cryptos to buy now to help make your decision easier.

BRICS to Promote National Currencies Before Issuing Common One

The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of […]